Short video highlighting why I'm still seeing some downside out of XRP/BTC. At the moment, price action is playing out as i expected and mentioned in my last two videos (see links). My charts are not telling me anything different at the moment, so I'll keep that biases. I mention generally two areas, i think price will move too before heading back up, but only time will tell if that plays out.
Hope you enjoyed... give a like and leave a comment letting me know your thoughts.
2/17 - Video 2/15 link is the related video
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Price action continues to play out as expected. Note on slide
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Well.... price action continues to play out exactly as expected. We've made it to the bottom of the zone I called and price action is testing it for a break.
Based on a run through my charts it would seem like price might still want to go lower. If we break the .00009500 zone (especially with a daily close), i expect the next level to be test will be .00085000 satoshis. However, as we get lower, be prepared for a quick run up. That seems to be XRP's MO.